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'm jeff glor. >> glor: g plenty of violence recently that can't be explained and it got no easier today. in this case, the victims were erlunteers responding to an anrgency call on christmas eve. onr firefighters were shot. police say they were lured by a whn who was simply looking to ookinor kill them. tonight in webster, new york, just outside rochester, two of ,hose firefighters are dead, two are wounded. we begin with jim axelrod. >> reporter: just after 5:30 this morning, the volunteer firefighters in webster walked right into an ambush. >> we are being shot at, multiple firemen down. multiple firemen shot. i am shot. >> reporter: two of them were killed instantly. >> i'm pretty sure we have two d.o.a.s. >> reporter: gerald pickering is the police chief in webster. >> it does appear it was a trap that was set for first responders. >> reporter: police at the scene exchanged shots with the gunman, 62-year-old william spengler, who was barricaded on a berm near the house. the gun battle meant the fire could not be fought. seven homes were destroyed. an armored vehicle removed two of t
funded by cbs >> it's friday welcome to "cbs this morning," everyone. i'm jeff glor with rebecca jar sis. charlie, gayle and norah are off. there are predictions but little progress in washington with a deadline for the fiscal cliff now just four days away. >> president obama meets later today with congressional leaders in one last effort to make a deal before the deadline. major garrett is at the white house. good morning. >> reporter: good morning, rebecca and jeff. in just a couple of hours at the white house the president meets with all the key congressional leaders, top democrats harry reid and nancy pelosi leading republicans mitch mcconnell and john boehner. no deal can be reached in past without their cooperation. with the meeting comes a glimmer of hope. in the past all the ifisical cliff talks meetings like this have been the least productive of all. whether he meant to or not the senate majority leader may have spoken for a nation exhausted by seemingly endless fiscal cliff negotiations. >> what's going on here? >> reporter: what indeed. president obam
himself with it. captioning funded by cbs >>> welcome to "cbs this morning." i'm jeff glor with rebecca jarvis. huge winter storm is making its final stop in the northeast, after causing damage and travel problems coast to coast. >> more than 35 states have felt the power of the storm since it first hit california sunday. it's now blamed for at least 12 deaths, along with the snow it caused more than 40 tornadoes in the deep south, starting on christmas day, and this morning, northern areas of pennsylvania new york and new england have one to two feet of snow on the ground. nearly 500,000 utility customers have lost power. melina shop row is in new york. >> reporter: as the snow continues to fall authorities are urging motorists stay off of the roads. with about a foot of snow already on the ground we're seeing how big and powerful this snowstorm has been. from california to new york the fast-moving storm system that began over the weekend completed its cross-country trek in the northeast, enveloping state after state and heavy snow. >> that's pretty rough. the wet sno
mulholland in the pits of the cme. we have a street fight. jeff believes there will be a fiscal cliff resolution. david wright, on the other hand, thinks d.c. will avoid the cliff, but it will not stop the bears from coming around this time. let's start with tim at the cme. and, tim, we were talking about what a low yield you get now on treasuries. people are looking for some kind of yield, and the only place you're finding it is in the stock market. >> yeah, that's true. you also get the corporate bond market, the high-yield market. the fed has really through their interest rate repression forced people into risk assets, so the fixed income -- david: let me just stop you there, tim. you say interest rate repression on the part of the fed. that sounds like you're not too happy with the fed. [laughter] >> the fed's basically taken the market disciplinary function out of the marketplace with purchasing $85 billion a month with treasuries. they've been doing that for quite some time, so they basically have been, you know, manipulating the interest rates which i think is also when people
following some troubling developments in hilldale, utah, where warren jeffs is still considered a prophet. the town's only major grocery store has shut down and his followers are being told the world will end by monday. gary tuchman investigates just ahead. >>> tonight, new concerns warren jeffs may be planning something dire from his prison cell. we have been following the saga of jeffs for years now. from his fugitive days to his conviction. jeffs remains a revered figure among his followers in the flds church even though he's serving a life sentence for actually assaulting two underage girls. now the closing of a grocery store in a town on the utah/arizona border has authorities on high alert. jeffs' followers are being told the world will end no later than this coming monday, december 31st. with the store now closed, what other preparations might they be making? at and what potential cost to themselves? gary tuchman went to hilldale, utah, looking for some answers. >> reporter: it is warren jeffs' birthday. the imprisoned prophet of the flds church. in the neighboring twin cities of c
developments in utah where warren jeffs is still considered a prophet. the store's only major grocery store has shut down and his followers are being told the world will end by monday. gary tuchman investigates just ahead. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. >>> tonight, new concerns warren jeffs may be planning something dire from his prison cell. we have followed him for years. from his fugitive days to his conviction. jeffs remains a revered figure m among his followers in the church. he remains a revered figures among his followers, even though he's serving a life sentence for sexually assaulting two underaged girls. now, the closing of a grocery store on the utah border has authorities on high alert. jeffs followsers are being told that the world will end no later than this sunday. with the store now closed, what other preparations might they be making, and at what cost to themselves? gary tuchman went to utah looking for answers. >> it's warren jeffs' birthday, the imprisoned pr
traffic and get the latest from jeff. good morning. >> starting in prince george's county, not much volume here in either direction. the significance is it's on my way to fed ex and i'm starting to tailgate in about two hours for sunday's game. looking good on other roadways. pennsylvania, and branch avenue and route 50. we'll head over to the fairfax county parkway, it's 95 north, looking good in both your hov lanes and the main line, up from stafford county to the mixing bowl, and over to montgomery county, just north of the american legion bridge. light coming in from virginia around the inner loop into montgomery county. outer loop looks good as well down 270 to the split. no problems on the bw parkway or 95 between the beltways and good ride around the outer loop of the beltway around montgomery county. that's a look at your fox 5 on- time traffic. >>> jeff, thank you very much. first at 7:00, honoring one of the nation's top warriors, general norman schwartzkopf. he died yesterday from complications of pneumonia. >> he is best known for his role in leading international forces in ira
in utah, where warren jeffs is still considered a praophet. authorities' concerns are growing. gary tuchman investigates just ahead. e'd wait for her forever, for any reason, and would always be there with the biggest welcome home. for a love this strong, dawn only feeds him iams. compared to other leading brands, it has 50% more animal protein. ...to help keep rocky's body as strong as a love that never fades... if he ever lets her leave again. iams. keep love strong. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! [ male announcer ] yes, it is. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. >>
workers. you can probably guess number one. we have the list. and he is never rude, jeff flock is looking at what it means for your paycheck as we go over this cleft. jeff: take a look at all of these people right here. they are on the line with employers, small businesses, all around the country right now. big story coming up will be come back. and lots of answers. ♪ dagen: it is time to reflect on all you have accomplished. congress is the most unproductive session since the late 1940s. president obama has signed 290 bills passed by congress this year. this compares to 383 bills passed last year. his approval rating currently stands at a nice round that 18% according to politics average. from the youth list to the downright e'en, a survey from airfare revealed that flyers found -- nearly 25% of the vote. united airlines coming in second with 21% and followed by alta and u.s. airways. the social network suspending its new year's eve messaging tool. it allowed them to read the messages of private users. diane, a big raise. >> that is right. we are watching netflix shares very closely. t
and a half years. one business owner says he is not worried if we had over the cliff. right, jeff flock. jeff: he thinks you and i are crazy for making too much of a deal out of the fiscal cliff. this ceo says the fiscal cliff has a bunch of outside noise. we will have his story of the fiscal cliff when we come back. ♪ ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves.. futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >> im adam schapiro with your fox business brief. general dynamics have been asked to build u.s. submarines for the u.s. navy. it is worth $400 billion. the money has already been securee. barge companies fear falling water levels on the mississippi river could halt commerce as early as next week. the coast guard says it is confident that the waterway will remain open. a new report says champagne sales in france are down nearly 5% from last year. despite the weak sales, fran
burglaries which started this week in a well-lit part of town. jeff bush is in foster city with the details. what happened? >> reporter: this is one of the quieter communities in the bay area. but police remind residents that they are not immune to crime here. at least eight vehicles were broken into her on shell boulevard. it's a big street, well-lit, across the street from the library, and just across the corner from city hall. but thieves broke into the cars by smashing the windows and they took things like gps device, cellphones, purses and christmas presents. then it happened again last night! police want to remind people who are living here in foster city or coming to visit, it is important to take all of their valuables out of their car before they go to bed. >> apple's c eo, tim do you knowing, announced -- tim cook announced it will produce one of its existing lines of computers in the united states next year. he did not say which line, where, or how many jobs would be involved. but this announcement is a sign that more manufacturing jobs will be returning to the u.s. due to the
. that is one of two binding constraints on our economy. >> eliot: before jeff i give him his moment, the reason i disagree is there are trillions of dollars of capital signature on the sidelines not being allocated and not being allocated for a host of reasons primarily a demand crisis and the government given the deficit, spends it. in consumption and its own investment, that seems to me to be the trigger we need to get the economy going. jeff, tell me why you disagree with me or ed. >> i do agree with you eliot. the proof of the pudding is the fact that we did cut tax rates on the rich in the early 2000s under president bush. they're the job creators, the investors, we got a bad economic recovery in expansion. virtually no job creation in that period. the reason is by in large what you're talking about. cutting tax on the rich is not the way to get growth. especially when taxes are already low. the way to get growth now is that we need more demand stimulus and the real danger is all this talk about cutting govern
to bring these jobs back. >> what do you think about jeff immelt's article where he says i'm bringing jobs back to america makes more economic sense. >> he was bringing jobs back to america. i wasn't prepared for this quiz this morning. i can tell you from memory, he brought a bunch of jobs back in lexington, kentucky. >> he is stoned. >> get lexington, kentucky out. >> do you feel like we do? we're going to kick out with frampton after he's done with this answer. >> he brought back a bunch of jobs at lexington, kentucky but at much lower wages. >> what kind? >> it was appliance jobs. >> they have the huge apply hans city down there and all these massive buildings and their own zip code and one building after another closed down. he's starting up one assembly line after another. are they going to get paid $30 an hour? no. >> here's the point. how do you have a ro best recovery when you have wage compression, people who made $30 an hour making $14 an hour. how do you grow an economy like that. >> the point is do we want these jobs building in germany or alabama. want them in lexington, kent
. >> jeff? >> well, the reporters were not trained to work with people who have been through trauma and yes, we want the kids to talk about it as quickly as possible which is part of the debriefing, that trained police officers and mental health experts are doing but you can actually retraumatize the child if you are not asking the proper questions, so perhaps we need to pull back on that a little bit. >> it is interesting because the debate that emerged around us for us is on the one hand as you say, what feels wrong or what we may know is potentially re-traumatizing, but on the other hand not wanting to sanitize something this horrible, because in part, because this is, this is disgustingly horrible and if we make it just sort of the tears of adults then we miss what has happen happened here. >> i think that we have counter vailing values here. so that the press has a duty to get in there and try to figure out what happened. the police have a duty, and that doesn't always mean releasing everything that you heard in the press conference, melissa, and the families going through the mass mur
the sequest tration cuts should they kick. in despite jeff sessions's effort not on the table in an effort to negotiate closing the closing gap between revenue and spending. the u.s. department of agriculture that administers the program says the increase in snap participation in the 2008 to 2010 period of economic decline including the recent recession was consistent with the increase in the previous period of economic decline. but as the unemployment rate dropped the number of those participating in snap continues to rise. skeptics point to one key factor. >> a lot of people don't realize one of the provisions in the 2009 economic stimulus bill was to essentially evas rate the work requirement -- eviscerate the work requirements for food stamp. today in most state there is to requirement whatsoever to work in exchange for benefits. >> the usda maintains that the snap program has a workbe requirement for able-body adults who don't have dependents and it's up to the state to enforce specific guidelines. chris? >> chris: thank you. things were calmer today in the nation's newest right to wo
to digest it it was a phenomenal story. the intercontinental exchange was created only 12 years ago by jeff springer, a longtime executive in the energy industry. people don't realize energy is a commodity, commodities are traded in exchanges locking in costs. he came up with a system to forget about the pits of chicago where people ice-cream at each other or new york, the new york mercantile exchange, let's do electronically and he created this thing, the intercontinental exchange and what is great about this is it is something to be said for the stock exchange remaining independent but they are now part of an american company and an american entrepreneur created $10 billion of wealth, that is what the market cap was before the deal and when you buy something your stock usually goes down a little bit, created $10 billion worth of wealth of market cap in ten years, something to be proud of and buying the stock exchange. not selling for the germans. [talking over each other] >> regulators time it. charlie: regulators in europe, eyes and nasdaq attempt over the stock exchange on antitrust gro
of them by car. meteorologist jeff beradelli at our miami station wfor joins us. the next couple of days could affect travelers, could affect shoppers. what kind of weather are we going to see across the country? >> reporter: jim, it's mainly good news. it's pretty quiet across most of the united states right now, with the exception of the west coast. we have a big storm slamming into there. now tomorrow is going to be pretty quiet also across the united states, so travelers shouldn't have too much to worry about. as we head into christmas eve, a small storm is going to be across the southeast that will produce some light rain there, and maybe some snow on the northern edge through the ohio valley into pennsylvania maybe eventually new york city late on christmas eve night. >> axelrod: who will see a white christmas? >> it looks like the folks around new york area, will see a little snow and then a bigger storm will brew in places like oklahoma and texas during the day on christmas. we could be talking about substantial snowfall. >> axelrod: jeff, thank you so much. it's nine days now un
. a bartender named jeff typed in fat girls to keep track of the bill for the table h they asked for an explanation. >> he had a smerk on his -- smirk on his face like it was funny and trying not to laugh. >> reporter: it went from bad to worse when they wanted hem to -- them to pay the bill with 25% discount. they declined and the manage are's next offer too. >> he was like i could do 50%. and we are just like are you serious? >> reporter: in a facebook message overnight, the cameo club casino owner maggie lewis apologized saying insulting a customer is intolerable in our establishment. as for jeff, he's now looking for a new job. >> he was busy last night but that's no excuse. >> reporter: jimmy didn't work that night but is trying to clean up the mess. >> i just want to tell them we are sorry for that. and that we will do everything in our power to make sure this never happens to anyone ever again. >> reporter: this is the sort of thing that will sting for a while. >> it's like i can see it over and over again. >>> 6:18. this morning's health alert a study on the long-term imp
're standing by there at the white house. jeff goldberg, what is the chal inc. here for washington with -- to work with governors, to work with state and local officials who are now governor malloy is dealing with the emergency, but he is going to move very quickly to try to show some new leadership here. >> well, you know, there has to be -- the sides in this are so polarized. you have a gun lobby that doesn't want any regulation whatsoever, any background checking whatsoever. 40% of all guns sold in this country legally are sold without background checks, so there's -- people call this the loophole, but it's bigger than a loophole. that's one area. one of the other issues -- this is why the conversation always goes off the rails -- is that people in the anti-gun side of things tend to demonize the legal gun owners and treat them as barbarians instead of people that they have to have a dialogue with, so you have -- brady campaign is in the middle. they've done a good job in my coverage of nondemonizing people who own guns and believe even in the right of self-defense. >> to that p
to squawk on the street, joined by jeff sprerk, ceo of intercontinental exchange and duncan niederauer, ceo of the new york stock exchange. a cash and stock deal worth roughly $33, a bit more now, per new york stock exchange shares, given ice shares are actually up. gentlemen, nice to have you here on the floor. duncan, let me start with you. >> sure. >> my understanding is mr. sprecher approached you a number of months ago, conversations began. when he approach ready you at the time, give pun the previous history where you have been part of the potential hostile for the new york exchange, why did you say, all right, i will talk to this guy and what were you thinking when the approach was made? >> a lot of questions in there first of all, we have known each other for a long time. we like each other and i think our attitude is business first, right? so it was business last year. i understood why jeff was doing what was doing. he understood what we were trying to do we have been friends, we stayed friends and if we put our shareholder value creation hats on, this was an easy discussion to hav
director for the national,or for the reform of marijuana laws. oregon senator jeff merkley, heidi ewing, and rachel grady will be joining us. steve satich, ohio congressman, steve latourette, and ambassador nick burns are our guests this morning. it's thursday, december 6th, and "starting point" begins right now. >>> welcome, everybody. our starting point this morning, some major developments to tell you about in egypt, after angry protests against political moves by the president, mohamed morsi, have turned deadly. tanks, armored personnel vehicles, all stationed outside the presidential analysis cairo. not only are they guarding the palace, they're also keeping apart supporters and opponents of morsi. hundreds of his islamist supporters already taking to the streets in cairo this morning. opponents are gathering not very far away. last night the two sides clashed right outside the palace. the violence killed at least five people. hundreds of other people were injured. opponents are demanding that morsi dial back on those sweeping powers that he has granted himself. cnn's reza sayah is
ahead. >>> lots to talk about this morning. the next two hours, we'll talk with steve israel. jeff sessions, sandy levin, rahm emanuel and businessman javier paolomarez, ed burns, frankie monday easy, and chuck leavell. "starting point" begins right now. welcome, everybody. "starting point" this morning, angry, united. bracing for protests in michigan as the state is poised to become the most unionized right to work state. as many as 10,000 unionized workers expected at the state capitol to voice their disapproval of the measure. some of them teachers, two detroit area school districts shut down for the day as hundreds of teachers plan to join the protest. president obama brought it up during a trip to a daimler truck factory in redford, michigan. this is what he said. >> this so-called right to work law, they don't have to do with economics, everything to do with politics. what they are really talking about is giving you the right to work for less money. >> alison kosik. >> what's the latest on the protests? >> protestsers starting to gather behind me. signs in hand, even the infl
's stay with oil. we will bring in our very own jeff flock. what are you watching out there? jeff: we were at the cme yesterday. talk about what the impact of the fiscal cliff has done to the oil market. take a look at oil prices today. since christmas, we are up about 3%. take a look at the volume. if you look at the volume of trading, and "wall street journal" was onto this first talking about the falloff of volume in november, but it has really continued. take a look at what the normal average volume is and where we are today. by the way, out at the exxon mobil refinery, and caught this caught by the way, is one of the nation's newest refineries. a little news out here as we speak today. they have to report this to the federal government because -- liz: we are having some technical difficulties with jeff flock. working on a solution to the debt crisis. first, some of today's winners, s&p. ♪ >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us.
access group at wgbh access.wgbh.org >> jeff: survivor it's toughest, and most dangerous reality competition of all time "survivor: philippines" brought back three players that proved it. >> oh! >> jeff: each had been medically evacuated from their previous season. from "fans versus favorites," jonathan penner. >> i got injured in a challenge. >> the infection goes into your bloodstream is potentially fatal. >> it was awful. >> jef
, will begin taking calls. jeff cox, a classmate of the president, here is a quote, jeff cox talking, had the ability to project cool, it seemed to me, calm, almost nonchalant, part of the image, not just of him but generally in hawaii where in my mind there was some line between sophisticated the attachment and slacker or lazy, very exuded sophisticated detachments, he has his act together, understood how things worked all little better than the rest of us. >> host: 16 years old jeff cox is talking about his classmates, seeing characteristics of his presidency, that has not changed that much. the reason for that detachment, has to do with hawaii. there is that native hawaiian thing, no matter what else is going on, keep cool here. that is sort of the sensibility barry and his buddies who had his buddies what they call the true game which basically is basketball and smoking dope. just be cool. that is part of hawaii, part of barry's formative years and he has always had that nature. another aspect is more developed and related to politics which is in this country and all that racial dynam
will change in india. i'm jeff bush in san francisco, kron four news. >> catherine: the men accused in that assault will reportedly now be charged with murder. still ahead at eight. the new arrest and charges filed in a brutal san francisco crime. during which a couple was bound. gagged. and left for dead. plus. the bill one state senator introduces. in an effort to put the brakes on repeat d- u-i offenders. and celebrating the new year safely. a look at all the public transit options for getting to various bay area events. [ female announcer ] now get high speed internet at home on our newly expanded advanced digital network, a connection you can count on. introducing at&t u-verse high speed internet with more speed options, reliability and wi-fi hot spots than ever. call at&t now to get u-verse high speed internet for as little as $14.95 a month for 12 months with a one-year price guarantee. it's the fastest internet for the price. our newly expanded advanced digital network gives you more of what you enjoy online. and with at&t, our wireless gateway turns your home into a private
>> that's jeff singing "hallelujah." alan light, the book explores the unlikely journey from obscurity to modern day hymn. it's great to have you on the sh show. >> thanks for having me. >> first of all, tell us how that happened. >> it happened over a long period of time. leonard cohen first reported "hallelujah" in 1984. his label turned down the album it was on. it came out to no notice at all. and over the course of 10, 15, 20 years, more people discovered this song. jeff buckley recorded it in 1994. after jeff buckley's death it got more notice and then people started to pick up on the magic of this song, put it in soundtracks, on tv shows. more and more people recorded it. >> it's everywhere. >> wainwright is nothing short of extraordinary. >> it was on the soundtrack to "shrek" one of the key moments in getting this out there. there are now 350-some recordings of this song and thousands more performances by bob dylan and u2 and, you know, everybody all around the world knows this song. >> but it almost didn't happen. it languished in obscurity. >> first when leonard was writing
's wrong. >> so, jeff what's the solution to this? >> well one solution is to change the rules and to change the way patents are designed. charlie, keep in mind these worlds were for a mechanical world. we're in a dynamic world now. maybe chang them for software because that is a business that changes much more quickly. >> and then jeff you know it sounds like this is really stifling innovation and it hurts small businesses. >> it does indeed. and keep in mind you know a company like microsoft has the lawyers and the millions or billions in some cases to defend these lawsuits. but when you're a small business man and you have to spend a million and a half dollars to potentially fight one of those these lawsuits for five or ten years, it can make or >>> all right, storm clouds moving in overnight and looks like it's going to dump around the bay area. we have seen heavy rainfall early on today as much as 4" in the mountains of the north bay. that sliding slowly to the south so it will pick up. rain heavy at times to go along with strong gusty winds. high
the existing gun laws? >> well what they do is -- they've got this policy and jeff miller the former head of the pennsylvania state police head of security for the nfl, john rossi, his deputy. they go team to team city to city and they sit down and go over a number of security issues, but they cover this gun policy very carefully saying every law in every state is different. you can't go traveling around with it without understanding those laws. the key is this policy is very strict. it says nfl prohibitions a stadium, a facility owned or operated. that means stadiums locker rooms, hotels buses, planes. there's a strict prohibition on guns and the players are -- their cars are screened coming into stadiums for parking. so a violation of that means hitting them in the pocketbook. >> but the issue here is culture, is it not? >> well there's an argument that we've heard in the axelrod piece that it is culture. i think the nfl officials look at it from a more practical sense, which is you have a number of people who come from tough places in tough cities who now go h
of the hour, we'll talk about the impact of fiscal cliff on the businesses and the market. jeff solomon is the ceo of cowan and company. but before we get to all that, joe has your morning headlines. >>> president obama's going to speak to the business round table today about the ongoing fiscal cliff talks. boeing ceo jim mcnearney says members want a balanced solution in debt issues, including meaningful and comprehensive tax and entitlement reforms. well, you're not going to get that. anyway -- sorry, jim. we're going to be watching facebook stock today. the company will join the nasdaq -- got to watch it. i'm trying to rise. trying. the nasdaq 100 -- >> sinking, sinking -- >> like a snake. replaces tech firm emphasis, which is moving the listing to the big board. and let's get a check on the markets which are indicated higher today up about 50 points. overseas, let's check out asia and europe. there's a -- .4%. >> had a big move. >> yeah. big move on the hang seng and green arrows everywhere. let's check out europe quickly. also fractional gains there, up about a third of a point eac
fiscal cliff with jeff blake from arizona. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> welcome back to the "squawk on the street." i'm sharon epperson with the latest report from the energy department on oil supplies. could oil supplies in the past week, they rose by 843,000 barrels, 843,000 barrels, that was an increase where many analysts had been anticipating a decline. but it was not as big a build as what the american petroleum institute reported last evening. the gasoline supply numbers, definitely one that surprised many traders. an increase of 5 million barrels in the past week. gasoline supplies rose by 5 million barrels in the past week. and supplies rose by 3 million barrels in the past week. we are looking at prices coming off of their highs of the session. a big build across the board. that is l
: next up is jeff in pennsylvania on our line for republicans. jeff, you are on the line with the "washington journal." caller: i am in massachusetts, not pennsylvania. i do not think you will get a compromise from anyone unless we go over the cliff. i am a point of getting a big deal done. i am and republican, but obama won. democrats controlled to search. you have to give them a little bit. we are not going to get anything done. he wants to wait another year and revisit this. he already proposed we wait another year. nothing will get done in the next congress if there is another cliff coming up a year from now. let it go over the cliff. if i were a representative for a senator, i would go home so they go into effect forever. we have some trouble with his innocence. let it go over and let all the serious players in congress get a deal done. when people start playing the best paying a lot more money and moving their defense -- start paying a lot more money and moving their defense contracts, people will pay attention. guest: this is the interesting thing to me about the a
of united states taxpayers' money dropped on the senate next thursd thursday. >> alisyn: he wants to -- jeff sessions is saying the real fiscal cliff deadline should be when the lawmakers return from break, thursday. if the deal is not proposed by then, there won't be enough time to review and ratify it. we can't afford to vote on a deal without thoroughly reading it first. well, is a serial killer on the loose this morning in michigan? there are new concerns being raised because police just made another gruesome discovery in a drain pipe. this is the second time in four months that they've found human remains there. police have now sent the remains to a lab in texas. and the investigators want today determine if the retains matched body parts which belonged to an unidentified female. one of the president's biggest backers on capitol hill, the progress of election day on immigration reform, in a new interview, democratic illinois congressman gutierrez says, quote, it's great that eva longoria is it out there meeting with the president, but maybe meeting some of the immigrant community to pol
's the important thing to understand. what har ray reid and especially younger senators, people like jeff merkley from oregon, are proposing to restore the filibust filibuster. it's a very simple proposal. they it want to bring back the filibuster as it existed in "mr. smith goes to washington." they want it it to be like jimmy stewart where they had to go to the floor and stand on your principles. now, unfortunately, the filibuster is usually used secretly behind closed doors to stop debate to prevent us from even having a vote. that has nothing to do with what americans understand as a filibuster and there is simply no reason to allow the abuses to continue. >> well, it means that if they were to filibuster, they have to go to the floor and do as you say, "mr. smith goes to washington," and talk endlessly until some conclusion. what do the changes mean for democratic bills, you think? >> it could mean a lot, because many of the bills that democrats have proposed have majority support. they can win in the senate. the problem is they can't get to the 6 o votes that would be required to break a fi
again to jeff. >> brown: and for that, we're joined by another leading figure in the world of jazz. george wein is the founder of the legendary newport jazz festival and the new orleans jazz and heritage festival. mr. wein, welcome to you. you go back a long way with dave brubeck. tell us about when you first heard his music in the early 50s. what stood out? >> dave opened in my club, storyville, 1952 i think was the year. nobody knew him. we opened, had about 20 or 30 people in the club. by the end of the week, it was full because it communicated-- people went out of the club and told everybody this fantastic music was happening. he went from right on there, the next 60 years, never lost his popularity. he was one of the most important figures of all the great figures in jazz in the 50s and latter half of the 20th century. listening to take 5 was like solving a puzzle or untying a knot because people were hearing this melody in 5-4, and they didn't know what they were hearing. once they solved it, they never forgoot got it and it became a hit for the next 50 years. >> brown: how b
enough to do this. only jeff lacker from richmond fed gave incentive this time around. there is a bit of confusion as i head this statement. there's two different things going on. one is asset purchases. other is funds rate target. there are two different litness tests for now long they go on. federal reserve says it'll keep going if the labor market doesn't show signs of improvement. we have to ask bernanke how well this works together adds a whole, to really explain what is going on here. >> what is the implication steve, of that economic trigger on the fed's funds rate. for investors holding fixed income assets. as you move down towards the 6.5% magic point. what happens in the markets? >> well, i mean, you a sense e sensitively, the market will anticipate either an ending of of the program as we near it or even potential asset sales if we do get a rise in inflation towards 2.5%. i would like to point out, tyler, that 6.5% average number is exactly the number that was given to us by our -- in our cnbc survey yesterday. they hadn't talked about it at 7% but 48 respondent's came in
to sexyliberal.com. >> stephanie: yea! >> my friend jeff says he will be your date to every ball. >> stephanie: he's so cute! okay. >> he's also barely out of his 20s. >> stephanie: whatever. i need elder care. okay. [ laughter ] >> stephanie: this is a cautionary tale from sexy liberal tour director roland. he tried fizz his white wine. it kind of explodes all over the kitchen. oh, stick to water. water goes in the soda stream. >> i don't think that's in the instructions. >> stephanie: oh dear, drunken experiments. >> wow it might be fun. i'll try it! >> flabbergasted. >> stephanie: that was not fun. wow. okay. so by the way i'm glad i'm not the only one that reacts to "meet the press." grover norquist. cnbc. grover said we need economic growth instead of higher taxes. reagan era taxation levels would promote growth which would pay down the debt. jim kramer got props. the clinton era rates which america will return to in january unless the fiscal cliff is resolved. it brought more revenues than a
, dan richard, who's the head of the railroad authority, jeff morales who's the executive director of the railroad authority, to complete, to complete the california high-speed rail corridor within the next ten years. >> be wow. okay, sir. well, with that, i'd like to join with my colleagues in wishing you a happy birthday, and also i think even more than your birthday, we hope that you'll continue to stay and serve in this capacity. >> thank you. >> thank you, sir. >> thank you. the gentleman from wisconsin, mr. ribble? >> good morning, mr. secretary. thanks for coming on in on your birthday, we're glad to have you here. just one quick comment, and maybe you can help me understand this. i'm from northern wisconsin where we don't have high-speed rail and maybe never will. it's a lot of woods and farmland and not a lot of people. i do recognize that high-speed rail would work and work probably effectively. so i'm not negative on high-speed rail, and i want to make it clear. although i do think there's a level of naivete, kind of a wonderful naivete for americans that often compare w
is a topeka police officer and 29-year-old jeff attarly. he had just joined the force last year. >>> the most detailed report on the benghazi terrorist attack reloosed today. the independent advisory review board will deliver its assessment to the state department. congress will see it. the state department will make recommendations on improving security. secretary of state hillary clinton ordered this review. she's not testifying about benghazi this thursday after fainting and suffering a concussion. >>> brand-new video showing the aftermath of an overnight bomb blast in kabul, afghanistan. two afghan workers died in this attack outside a compound housing u.s. military contractor. dozens left injured, including the american director of the virginia-based company contracts. spokesperson for the taliban claimed responsibility for this attack. >>> a group of soldiers weren't scheduled to come home until january from afghanistan. but we need a good news story. let's look at this christmas miracle. ( [ cheering ] nine army soldiers from the 4505 civil affairs battalion coming thome salt lake city
lee, jeff flake, marco rubio, we have rand paul, pat toomey. they would not have gotten to the senate without jim demint. he will be a huge force bringing country back. jon: we'll hear a lot from him in the days ahead. monica, yulely, thank you both. >> thank you. heather: coming up two brothers face a judge accused of plotting a terror attack on u.s. soil. a live report coming up. >>> nasa struggling to find its footing after retiring the shuttle program. we'll take a look at a new study suggesting that underfunding could threaten america's future in space. >> all three engines up and burning. two, one, zero and lift-off, the finalist off of atlantis on the shoulders of the space shuttle. america will continue the dream. jon: that was the final space shuttle launch july 8th, 2011 signaling the end of an era for nasa. federal funding for the space agency has fallen flat. it has come under constant threats of more cuts in recent years. a new study suggests that underfunding and lack of focus could lead to nasa's demise. despite the mars rover curiosity and president's calls for manned
tail. she called her jeff sself jessica. >>> -- she called herself jessica. >>> they were evacuated from the food max on monument boulevard. police described the odor as a strong chemical scent. possibly a solvent or a cleaner. a fire department spokesperson said they complained of burning eyes. difficulty breathing and nausea. >> the haz-mat team came in and unable to find anything at this point. what ever in there has dissipated and is no longer in the store. >> the folks who were effect affected were treated at the scene. >>> port officials in los angeles and long beach has confiscated rubber duck that is are toxic to children. the safety commission said they contain chemicals known as phalate known to soften plastics. >> they could cause birth detectives and changes in hormone levels. >> kids are almost the most susceptible because they put everything in their mouth. >> toys that contain 1,000 parts phalates are banned. >>> it may be soon -- it may soon be illegal to grow marijuana outdoors even though they allow it. they may consider a policy change after a massive medical mari
this program. here is what senator jeff sessions told me. >> it's a guaranteed thing. it's an entitlement program. that means if you meet the income qualifications, the government must give you the money. whether the government has any money to give you or not. if they don't they have to borrow it. that's what we're doing. >> reporter: by the way the food stamp program is exempt from sequestration. even if we go over the fiscal cliff those benefits will still be paid out even if lawmakers don't reach a deal. senator sessions did try to pass something in the senate that would have put food stamps on the table for the fiscal cliff negotiations and failed in the senate. jenna: let me ask you that is it part of the fiscal cliff negotiations or are food stamps in their own column right now? >> reporter: he tried. it is considered an entitlement program so it has to be funded. he did try to get the specific measure passed in the senate and it failed. jenna: any response from the administration on this? >> reporter: we reached out to the white house on this and want to give them opportunity to e
neighborhood? this is from jeff,rilliant idea, now the crazies, the gangs, thieves, know where to concentrate their efforts or more importantly where to avoid. another says, it is a public service. the information is public. gun owners seem to think that the second amendment is more important than the first amendment. this from susan, being in the public record and publishing it in the paper are different matters. that was wrong. this from sherry. i'd like to know who owns the guns. i would prefer choosing a home in a gun-free zone. brian says, shouldn't we be going after the people that can't be trusted? registered owners are registered because they can be trusted. from dan, absolutely not, not only does it target these people for burglaries but i also lets criminals know who doesn't have a weapon to protect their homes. this question got a lot of response this morning. i think we got about 200 in about 15 minutes. keep the conversation going. you can tweet me or facebook me. cute. but don't you have any apps on your phone that can make your life easier? who do you think i am, quicken loans?
in with ginger for a last look at the weather. she has special guests. >> i do. jeff strauss and we have mr. greggen iglesia from waterford crystal. important people on this night where millions of eyes will watch this ball drop. how do you do it smoothly? >> it's been amazing pip look forward to this day all year long. we're set, ready to go. this ball, at 6:00 p.m. will go up the flag pole. you'll hear the cheers. we'll all be counting down at midnight. >> we hear about the tests for the confetti. how is that going to be organize straited. >> weest theed for the first time with our new hosts. we fluff and then we throw. the midnight confetti, it has people's wishes. it comes from all over the world. you reach out to the sky and grab a piece of confetti, you're grabbing somebody's wish. >> a beautiful thought. now, reagan, you're with waterford. we talked about a little bit about the theme. it's different every year. this is not the same ball every time. >> we construct a quiltwork of designs. the design is let there be peace. there will be dooufd in the panels. we have courage and love an
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